Control Finance Review: Crypto Trading 1.5% daily Ponzi scheme

Control Finance provide no information on their website about who owns or runs the business.

UK Companies House incorporation documents are provided on the Control Finance website, showing an incorporation date of September 8th, 2016.

The Control Finance corporate address provided belongs to Bruntwood, who sell virtual office space. As such it appears Control Finance exists in the UK in name only.

The sole Director of the company is Benjamin Reynolds, who is also the listed owner of the Control Finance website domain (registered September 6th, 2016).

Control Finance marketing videos on the company website feature a speaker with a distinct Eastern European accent. In the videos the speaker reads marketing copy present on the Control Finance website.

A search of the FCA’s list of registered companies for Control Finance or any derivatives turns up nothing.

Your second red flag is Benjamin Reynolds. Generic Anglo-Saxon name with no information provided and only contactable through a virtual office address.

Your third red flag is how Control Finance claims it funds its daily ROI payouts.

Our clients have the opportunity to gain profit from trading various cryptocurrency pairs through the activities of our experts on well-known exchanges such as Poloniex, BTC-e, Bitfinex, Bitstamp, and others.

Naturally proof of any cryptocurrency trading taking place isn’t provided.

And even then, the cryptocurrency trading business model fails the Ponzi logic test.

If Ben Reynolds and his European buddies were able to generate a minimum 1.5% daily ROI, why would they be soliciting investment from randoms over the internet?

This leaves the only verifiable source of source entering Control Finance being affiliate investment. The use of which to pay a perpetual daily ROI makes Control Finance a Ponzi scheme.

Marketing videos on a bogus Benjamin Reynolds YouTube account went up two months ago. At 1.5% a day it’ll take about 67 days for reserve funds to be exhausted. Less once referral commissions are factored in, and slightly longer on the assumption not every Control Finance affiliate will invest $10,000 or more.

Regardless of when it happens, all Ponzi schemes eventually collapse.

Control Finance is not an exception, with Ponzi math guaranteeing the majority of investors will lose money when it does.

Seems some “CryptoKing” guy on Youtube with affiliate tag Cryptoking44 is an early adopter of this. Half the the CF videos on Youtube seem to be his, including already two on “Is CF real?” and “Is CF a scam?”